401(k) Overview: Understanding Your Employer-Sponsored Retirement Plan

by | Sep 26, 2022 | Qualified Retirement Plan | 1 comment

401(k) Overview: Understanding Your Employer-Sponsored Retirement Plan




Since the decline of the pension, the 401(k) has become the most popular retirement plan offered by employers.

In this video, I will survey the basics of contributions, earnings, and distributions. We’ll briefly talk about contribution limits, employer matching, and vesting. We will discuss how the plan is taxed and touch upon the subject of “required-minimum distributions” (or RMDs).

For more written information, see:

InsurancePrescription.com

Disclaimer: This video is intended for general informational or entertainment purposes only. It is not to be construed as offering financial, investment, legal, retirement, or tax advice. For personalized recommendations, consult knowledgeable and licensed experts in your area….(read more)


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1 Comment

  1. The Catherine Concepts

    Your information is amazing and easy enough to understand, however incorporating visuals and relatable examples will draw more people to your video and also make learning fun! Because of the importance to start saving earlier in our lives younger generations will find it easier to watch and understand your videos by making it more interesting to watch and listen to. Thank you for posting this and I hope you get more subscribers 🙂 Edit: Also, if you aren't already, hop on Tiktok and give your information on a much larger platform. Again, making learning fun 🙂

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